Generali Investments CEE investicni spolecnost a.s. Takes Position in Vital Energy, Inc. (NYSE:VTLE)

Generali Investments CEE investicni spolecnost a.s. bought a new stake in Vital Energy, Inc. (NYSE:VTLE) in the 4th quarter, Holdings Channel.com reports. The fund bought 3,100 shares of the company’s stock, valued at approximately $96,000.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. First Horizon Advisors Inc. acquired a new stake in shares of Vital Energy in the 3rd quarter valued at $26,000. Nisa Investment Advisors LLC increased its stake in shares of Vital Energy by 276.9% in the 4th quarter. Nisa Investment Advisors LLC now owns 1,093 shares of the company’s stock valued at $34,000 after buying an additional 803 shares during the period. R Squared Ltd acquired a new stake in shares of Vital Energy in the 4th quarter valued at $34,000. MassMutual Private Wealth & Trust FSB grew its stake in shares of Vital Energy by 247.4% during the fourth quarter. MassMutual Private Wealth & Trust FSB now owns 1,553 shares of the company’s stock worth $48,000 after purchasing an additional 1,106 shares during the period. Finally, US Bancorp DE grew its stake in shares of Vital Energy by 1,878.3% during the third quarter. US Bancorp DE now owns 6,390 shares of the company’s stock worth $172,000 after purchasing an additional 6,067 shares during the period. 86.54% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of brokerages recently commented on VTLE. JPMorgan Chase & Co. lifted their price objective on Vital Energy from $29.00 to $30.00 and gave the stock an “underweight” rating in a research note on Thursday, December 5th. Mizuho lifted their price objective on Vital Energy from $37.00 to $38.00 and gave the stock a “neutral” rating in a research note on Tuesday, January 14th. Piper Sandler decreased their price objective on Vital Energy from $32.00 to $24.00 and set a “neutral” rating for the company in a research note on Thursday. Truist Financial decreased their price objective on Vital Energy from $49.00 to $47.00 and set a “buy” rating for the company in a research note on Friday, February 21st. Finally, Wells Fargo & Company lifted their price objective on Vital Energy from $34.00 to $36.00 and gave the stock an “equal weight” rating in a research note on Wednesday, January 15th. Two investment analysts have rated the stock with a sell rating, seven have assigned a hold rating and two have assigned a buy rating to the company. Based on data from MarketBeat, Vital Energy has an average rating of “Hold” and an average target price of $43.27.

Vital Energy Stock Performance

Shares of Vital Energy stock opened at $20.96 on Monday. The firm has a market cap of $799.05 million, a price-to-earnings ratio of -4.41 and a beta of 3.07. The stock’s 50-day moving average is $31.74 and its 200-day moving average is $30.62. Vital Energy, Inc. has a one year low of $20.61 and a one year high of $58.30. The company has a debt-to-equity ratio of 0.91, a current ratio of 0.78 and a quick ratio of 0.67.

Vital Energy (NYSE:VTLE) last issued its quarterly earnings results on Wednesday, February 19th. The company reported $2.30 EPS for the quarter, beating analysts’ consensus estimates of $2.03 by $0.27. The company had revenue of $534.37 million for the quarter, compared to analyst estimates of $550.90 million. Vital Energy had a positive return on equity of 9.48% and a negative net margin of 8.89%. Equities analysts predict that Vital Energy, Inc. will post 8.49 earnings per share for the current fiscal year.

About Vital Energy

Vital Energy, Inc, an independent energy company, engages in the acquisition, exploration, and development of oil and natural gas properties in the Permian Basin of West Texas, the United States. The company was formerly known as Laredo Petroleum, Inc and changed its name to Vital Energy, Inc in January 2023.